AIS Resources’ RC Drilling Program Returns Exceptionally High Levels of Antimony in the Eastern Portion of the Fosterville-Toolleen Gold Project
AIS Resources’ RC Drilling Program Returns Exceptionally High Levels of
Antimony in the Eastern Portion of the Fosterville-Toolleen Gold Project
Vancouver, British Columbia August 11, 2021 – A.I.S. Resources Limited (TSXV: AIS, OTCQB: AISSF) (the
“Company” or “AIS”) announces the discovery of elevated antimony levels in the eastern portion of the
Company’s Fosterville-Toolleen Gold Project.
AIS Resources CEO Phil Thomas emphasized, “This is a major breakthrough for our exploration team’s efforts
at our Toolleen Fosterville Gold Project. It is well known that antimony is a key pathfinder for gold as is
evident at the neighbouring Kirkland Lake Fosterville Gold Mine and the Mandalay Resources Costerfield
Gold Project. Antimony was the biggest pathfinder element for the Kirkland Lake Fosterville Gold Mine
discovery. Costerfield is producing both gold and antimony with a gold grade of 15 g/tonne. The Fosterville
Gold Mine is only 10 km and the Costerfield Gold Mine is 31 km from our Fosterville Toolleen Gold Project.”
We are very encouraged by an exceptionally high result of 510 ppm Antimony (Sb) returned from Drill Hole
TRC017 in weathered Ordovician rocks located at the eastern end of the northern traverse. The Company
has combined the RC drilling, soils and gravity structural geology to develop a robust rigorous exploration
program for the coming months. We are planning follow-up drilling in the vicinity of the higher-grade
Antimony (Sb) results continuing to the east and in the area of elevated gold in the southern traverse.
Figure 1– Gravity survey with drill hole locations and antimony values of up to 510 ppm.
A.I.S. Resources Limited
Suite 3500 – 1055 Dunsmuir Street
Vancouver BC V7X 1H7 Canada
PO Box 49114
T: +1-604-687-6820
www.aisresources.com
The multi-element assays were conducted to test for pathfinder elements associated with local gold
deposits such as at the Fosterville and Costerfield operations. Typically, pathfinders such as antimony and
arsenic exhibit a greater footprint than the ore grade gold. Locating elevated areas of pathfinder
mineralisation is very helpful in guiding the focus of exploration.
Technical information in this news release has been reviewed and approved by Phillip Thomas, BSc Geol
FAusIMM MAIG MAIMVA(CMV) who is a Qualified Person under the definitions established by the
National Instrument 43-101.
About A.I.S. Resources Limited
A.I.S. Resources Limited is a publicly traded investment issuer listed on the TSX Venture Exchange focused
on precious and base metals exploration. AIS’ value add strategy is to acquire prospective exploration
projects and enhance their value by better defining the mineral resource with a view to attracting joint
venture partners and enhancing the value of our portfolio. The Company is managed by a team of
experienced geologists and investment bankers, with a track-record of successful capital markets
achievements.
AIS owns 100% of the 28 sq km Fosterville-Toolleen Gold Project located 10 km from Kirkland Lake’s
Fosterville gold mine (subject to completion of certain exploration expenditures), a 60% interest in the 58
sq km New South Wales Yalgogrin Gold Project (with the right to acquire 100%), and 100% interest in the
167 sq km Kingston Gold Project in Victoria Australia near Stawell and Navarre. It also has joint venture
interests with Spey Resources Corp in lithium brines in Argentina at Incahuasi and Pocitos salars.
On Behalf of the Board of Directors,
A.I.S. Resources Ltd.
Phillip Thomas, President & CEO
Corporate Contact
For further information, please contact:
Phillip Thomas, Chief Executive Officer
T: +1-323 5155 164
Or
Martyn Element. Chairman
T: +1-604-220-6266
Website: www.aisresources.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
ADVISORY: This press release contains forward-looking statements. Although the Company believes that the expectations
reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because the Company
can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions,
by their very nature they involve inherent risks and uncertainties. The forward-looking statements contained in this press release
are made as of the date hereof and the Company undertakes no obligations to update publicly or revise any forward-looking
statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable
securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.